Despatch: Is Rachel Reeves ready for the coming crisis?

13 Jun 2025 • 5 min • EN
5 min
00:00
05:59
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Economist Andrew Lilico casts a sharp eye over the Chancellor’s first Spending Review — and finds it lacking. Beyond the rhetoric, the message is sobering: health spending is set to surge while almost every other department faces quiet, compounding cuts. The NHS will grow to dominate Britain’s public finances — even as Rachel Reeves eyes new tax rises to make the numbers add up. So, what happens when the backlash begins? Tune in for a clear-eyed take on the week’s most important speech. Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

From "The Capitalist"

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